07/13/2021
Protect your wealth in a volatile market
When looking at past Bitcoin volatility, we use the term “historical volatility” to paint us a picture of how risky the asset is.
FinTech
07/12/2021
Gebeya Inc, promotes top African talent in the global technology landscape
Gebeya customers can choose from remote or on-site talent in fields such as software development, graphic design, cybersecurity, artificial intelligence, product development, and digital marketing.
07/09/2021
Billionaire entrepreneur Xolane Ndhlovu launches digital bank
Ndhlovu set up DafriBank Digital to serve as an electronic payment platform for digital entrepreneurs and merchants
07/08/2021
Standard Bank collaborates with Transaction Capital to drive smarter payments
A number of Standard Bank’s corporate clients have indicated an appetite to become early adopters of the solution.
07/08/2021
Swiss Investment Company CV VC Builds Up a Blockchain Ecosystem in South Africa
Venture Capitalist looks for Early-Stage Startups in Africa
07/07/2021
Banks must partner with fintech to accelerate the digital banking transformation
Banks are still there and still needed but need to adapt to what is happening on the continent and partnering with fintech companies is key to doing that.
07/07/2021
Xolane Ndhlovu’s Dafribank: A catalyst for Digital Business
In 2020, the firm raised $6 million from a group of private investors in series A funding led by the parent company, DafriGroup PLC
07/07/2021
Everything you need to know about fintech financing in Africa
A total of 277 fintech startups in the continent have raised ~900 million in the past six and a half years, more than double the amount raised by startups in other sectors.
07/06/2021
Nigeria's FairMoney raises $42m
FairMoney has also secured a microfinance bank license, enabling it to launch a current account, with a debit card in the pipeline.
07/06/2021
SA firms hit in massive ransomware attack
The findings differentiate the latest incident - which cybersecurity firm Huntress Labs said affected more than 1 000 businesses - from other recent assaults on the software supply chain.
07/06/2021
Ecobank Group reaches another milestone in financial inclusion in Africa
The success of the new wallet service is made possible by Semoa’s ability to test connectivity, authentication and authorisation of customers’ transactions before the new service went live through Ecobank’s Sandbox.
07/06/2021
Success of new digital banking entrants is far from guaranteed
The return on equity reflects how profitable a banking institution has been with its shareholder capital, while net-interest margin indicates the difference between what the bank is paying for its funding and what it makes from the loans that are granted
07/06/2021
Bitcoin at lowest exchange supply in six months
With bitcoin selloff intensifying on May 19, culminating in a $1.2tn decline for the entire cryptocurrency market.
07/05/2021
Banking and payment channels in Africa are showing positive growth
While card penetration in Africa lags behind the rest of the world, this too is showing growth.
07/05/2021
TeamApt Completes Series B Funding, Commits to African Market
TeamApt has in less than two years, rapidly scaled its agent banking product, Moniepoint, to serve the 29 million previously underserved individuals who had limited access to financial services.
07/02/2021
TeamApt will use its new funding round to provide digital bank services for the unbanked
TeamApt bootstrapped with revenue made on a per-project basis.
07/02/2021
The Unforgettable Lessons That Hackers Have Taught Top Businesses
It has become evident to us that there are two firms across industries – ones that have been hacked and those that are going to be hacked.
06/30/2021
MTI and Cajee brothers' Bitcoin scandals prompt quicker move for crypto regulations
The brothers are still at large, but one, Raees Cajee, told Dow Jones on Monday only about $5 million (R71 million) was missing
06/30/2021
Will private cryptocurrencies be eclipsed by the rise of central bank digital currencies?
Extreme volatility often has a negative connotation because many investors associate volatility with market chaos, uncertainty, and loss.
06/30/2021
CR2 Market Insight: African Banking and Payments Trends
A quick snapshot of banking and payment trends in Africa offers encouraging news for banks on the continent and opportunities for growth